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Net Income per Share (Tables)

6 Months Ended

Nov. 30, 2020

Calculation of Net Income Per Share

The calculation of net income per share follows:


		Three Months Ended November 30,								Six Months Ended November 30,
(in thousands, except per share amounts)		2020				2019				2020				2019
Numerator for basic and diluted net income per share:

Net income attributable to Neogen		$	15,885			$	16,276			$	31,745			$	30,928
Denominator for basic net income per share:
Weighted average shares			53,129				52,557				53,022				52,355
Effect of dilutive stock options and RSUs			275				319				278				357

Denominator for diluted net income per share			53,404				52,876				53,300				52,712
Net income attributable to Neogen per share:
Basic		$	0.30			$	0.31			$	0.60			$	0.59

Diluted		$	0.30			$	0.31			$	0.60			$	0.59